New Delhi, Jan. 20 -- Netweb Technologies, the youngest of India's technology companies to have gone public, is banking on sustained demand for homegrown artificial intelligence (AI) tools, platforms and applications to sustain strong growth over the next three to five years, a top company executive told Mint on Monday.

In an interview, Sanjay Lodha, chairman and managing director of Netweb, said demand for AI "is far from facing a crash-in fact, in India, the conversations are just getting started."

"We are seeing a lot of clients talk about AI spending, and it is only in the past few months that India has begun seriously spending on AI infrastructure and services," Lodha told Mint. "There is good reason for me to believe that we can r...